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96 Fairway Drive

Shared ownership

Fairway Drive, Broomfield, Chelmsford, CM3 3FH

For sale
Shared ownership
Photo of 96 Fairway Drive
Live from space album cover

from

£93,750

with min. deposit

£4,688

25% Share from
£93,750
Full market price
£375,000
Minimum deposit
£4,688
Monthly rent
£551
Monthly service charge
£61.91
Annual ground rent
£0
Reservation free
£0
Administration free
£0

2 bedroom house

Features

Allocated parking

Driveway

Private Garden

Bedrooms2
Bathrooms1
Reception rooms1
Floor area77
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years125
EER Current94
EER Potential95

from

£93,750

with min. deposit

£4,688

25% Share from
£93,750
Full market price
£375,000
Minimum deposit
£4,688
Monthly rent
£551
Monthly service charge
£61.91
Annual ground rent
£0
Reservation free
£0
Administration free
£0
CHP

CHP

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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